College loans dry up due to recession

College is so flippin' expensive you can't avoid taking out tens of thousands of dollars. I went to a state U in my own state and I'm STILL in scary amounts of debt.

I hope out of all this stress, you have a rewarding future. Good luck, Eden...

My dad actually told me not to pay them back, and when they finally take me to court to collect, just declare bankruptcy. Thanks for the advice, Dad!

college is a waste of time. put the tool in your hand and F* a few times, life is better. one thing more while worth than college is the college tuition you could save by not going to college.. use it on a lawyer fee, stop drinking, screw for reason and end insurance. sometimes reading is learning before fundamental abilities take hold? why pay to be told how to read,( second sentence ).

i have 3 and a half years till i go to college, but if things dont get better now, i probobly wont be able to afford it then.

Speaking as someone who will be a '13, the financial crisis has almost put a hold on my college education. For the past four years I hadn't been worrying about paying for college as much as I've been worrying about getting into a college. I knew that I was going to be able to get a lot of fin-aid because I come from a very poor family, but now I'm not so sure.

It's a good thing then, that I applied and got into Ivies; they have the financial backup to pay for my education.
I strongly advice prospectives to do the same and apply to as many reach schools as they can.

well this sucks.
just finished up my FAFSA forms today actually... / :
scholarship apps, here i come

Go to state school; it's cheaper.

Universities were designed for scholars and researchers. Unless you're going to pursue a graduate degree, you should really be going to a state school.

education is always the 1st to go when money dries up...

Welcom to the Unitd Stats of Amerika and its undr funded edukation sestem.

Well I'm a college student and I'm thousands in debt and you know what I'm going to be in debt for the rest of my life so why not get an education for it right? I mean that is the American way... I tried to apply for loans but the credit companys have tighten up so much I couldn't even get one. So now I'm paying monthly and struggling to keep my head up. Good luck to everyone out there and finding funds thaqt don't exist.

this makes me grateful that i graduated already with my bachelors, although if i want a masters it will be tricky

Tougher than any final exam? BAHHAHAHA! You must try our exams at UC Berkeley.

Loans would be nice. And also, more state funding. Well, one can dream...

Cali is ending school grants as of feb 1. read it in the LA times..article appeared on 1-17-09. they are also ending welfare checks and disability checks plus a lot of other handouts. soon it will be in a city near you.

another way to secure the rights of the elite, by only making college affordable to those in the top 10%

hmmmm another good one..didnt obama promise loans to college kids wasnt that one of his plugs to get the younger generation to vote for him...lmao and oh please lets not hear were in a recession ummm ithink we all knew that one already...Change was only color and stop the poor all beating at the prison for the terrorists hmmmm maybe there family are the ones that were sending some big moey to the Obama campiagn to free their Arab brothers? I guess why would that be on the top of his list concidering all the things americans are suffering with..
Obama = BS & glad to see hes black nomore racial card!!!! maybe Americae will go back to what it used to be...time will tell

To everyone struggling with this, I try to motivate myself by rationalizing that they can come for the money, but they can't suck the knowledge out of my head.

lets hear it for dumbing down the masses, as if the mindless indoctrination that America is the best was not enough, they keep going by taking a step to removing the next generation of minds from higher education, how can you not afford to have another generation of enlightened educated minds

this is great news for the military… they can soak up a bunch of kids and send them off to bush’s wars/occupations while obama tries to get out of them… or chooses to stay now because they have enough cannon fodder to keep going… guess we know where those 30000 troops bound for Afghanistan are coming from.

Fuck the Banks, the Bailouts, the greedy rich CEOS, the lying politicians, the banks i owe money to, and especially the Federal Reserve...Fuck Debit, i might die tomorrow, and shit theres no way im going to be able to pay my 100K+ student loan debit off anytime soon...These banks will collapse before i pay them back...Bankruptcy here i come...

If I don't get money for next year, I'm saying fuck it and joining the either the air force or the army. Then when I'm done I'll will go back to school or just do the ROTC.

CONGRATULATIONS YOU GOT INTO COLLEGE! now pay us a shit load of money, thank god i got a lot of scholarships.

I'm scared. I just signed up to go back to school and now I'm wondering if I'm gonna get screwed. I already have some older college loans, now I'll have more, but how else are we supposed to succeed? Oh there go my nails....